Summary
- The Goods and Services Tax Appellate Tribunal (GSTAT) has set aside a demand of ₹8.56 lakh under Section 74.
- The Tribunal ruled that merely availing ineligible Input Tax Credit (ITC) does not constitute suppression or fraud.
- This decision clarifies the legal interpretation of what constitutes suppression in the context of ITC claims.
- The ruling may influence future cases regarding ITC eligibility and compliance under GST regulations.
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